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Something doesn't quite smell right about this story. Here's a key paragraph from the Nikkei story that this Futurism story re-tells: > Companies disclose such
by simonw 3mo ago
Something doesn't quite smell
right about this story. Here's a key paragraph from the Nikkei story that this Futurism story re-tells:
> Companies disclose such future debt not in their balance sheets, but in annotations to their quarterly financial statements. This is a legitimate practice under accounting rules, but may make it difficult for retail investors to recognize risks.
Does that justify a "tries to hide" headline?
This is also one of those cases where the headline is free but the details are behind a paywall.
I do think the story itself is notable, but I expect the discussion is going to lack some nuance.
- xhkkffbf 3mo agoGosh it would be ironic if they were hiding the nuances behind the firewall in a way that makes it difficult for retail investors to read.
- npilk 3mo agoIt's cute they think 'retail investors' are reading balance sheets in the first place.
- enraged_camel 3mo agoFuturism has a pretty strong anti-AI bias. Both article titles and the articles themselves tend to be editorialized. On a scale of zero to Ed Zitron, they're somewhere around the middle. I don't treat it as a reliable publication when it comes to anything AI related.
- aphysically 3mo agoPurchase commitments aren’t even future debt, they’re a future asset